Call reports 2016
LITCHFIELD BANCORP — 2016
What LITCHFIELD BANCORP reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 224,606,000 | 231,691,000 | 232,984,000 | 240,748,000 |
| Total loans | 156,240,000 | 158,636,000 | 165,477,000 | 172,787,000 |
| Allowance for loan losses | 1,287,000 | 1,323,000 | 1,361,000 | 1,362,000 |
| Securities available for sale | 49,415,000 | 50,948,000 | 46,482,000 | 48,391,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 187,600,000 | 191,260,000 | 189,422,000 | 200,742,000 |
| Interest-bearing deposits | 158,073,000 | 160,239,000 | 160,299,000 | 164,911,000 |
| Noninterest-bearing deposits | 29,526,000 | 31,021,000 | 29,124,000 | 35,830,000 |
| Equity capital | 19,972,000 | 20,321,000 | 20,117,000 | 19,230,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 1,933,000 | 3,889,000 | 5,874,000 | 7,888,000 |
| Interest expense | 241,000 | 486,000 | 702,000 | 896,000 |
| Net interest income | 1,692,000 | 3,403,000 | 5,172,000 | 6,992,000 |
| Noninterest income | 309,000 | 574,000 | 856,000 | 1,145,000 |
| Noninterest expense | 1,729,000 | 3,652,000 | 5,527,000 | 7,283,000 |
| Provision for loan losses | 38,000 | 75,000 | 113,000 | 151,000 |
| Pretax income | 234,000 | 250,000 | 498,000 | 830,000 |
| Income tax | 50,000 | 86,000 | 163,000 | 295,000 |
| Net income | 184,000 | 164,000 | 335,000 | 535,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 19,064,000 | 19,044,000 | 19,009,000 | 19,208,000 |
| Total capital | 20,382,000 | 20,399,000 | 20,402,000 | 20,599,000 |
| Risk-weighted assets | 132,796,000 | 136,906,000 | 141,900,000 | 149,698,000 |